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Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers

PYMNTS

The news service said it learned details of the negotiations between Minnetonka, Minnesota-based CWT and the unidentified hackers because the talks played out in a publicly viewable chat room. According to computer security firm McAfee, criminals have been using RagnarLocker since late 2019. Corporate travel manager CWT paid $4.5

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Uber Sets Grubhub Value At $6B As Takeover Talks Go On

PYMNTS

Like other mergers, the major impetus for the two food ordering and delivery business giants to become one is the enormous amount of money that would be saved from eliminating redundant functions, such as human resources, accounting, IT, marketing, sales and office administration.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades. Digital Security. in the most recent quarter.

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NJ Launches First Mobile App For Lottery Tickets

PYMNTS

It also says that it makes the lottery even more secure “by being the first company to automatically lock a player’s identity to their ticket serial number.” The company is available as of now in New Jersey, Texas, New Hampshire, and Minnesota. It is also “expanding to many new markets” per the announcement. .

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Farmhouse Market’s Remotely Operated, 24/7 Grocery Store

PYMNTS

Such locations can be critical in expanding retail options for smaller cities and towns, too, and staff-free grocery store Farmhouse Market seeks to do just that for consumers in New Prague, Minnesota. Designing For Security And Remote Management . The Rasmussons debuted Farmhouse Market in a 650-square-foot space in 2015.

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Amazon Faces Cart Glitches, Strikes On Prime Day

PYMNTS

And, according to another report , Thill estimates that the penetration of the membership service is approximately three in ten households in the United States and under 5 percent of global markets. Workers for Amazon in Germany and Minnesota are striking to protest wage practices and working conditions as Prime Day gets underway.

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Is Self-Checkout Catnip For Criminals?

PYMNTS

The self-checkout system market is expected to increase from its current value of $2 billion to more than $4 billion by 2024, according to a new study. In the abovementioned reports of French supermarkets exploring automation, the need for increased security was emphasized. Great news for innovative retailers. Less so for cashiers.

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